Íslandsbanki debuts in euros as Arion suspends euro deal
Íslandsbanki sold its inaugural euro bond with a €100m private placement this week, in contrast to Icelandic peer Arion Bank’s suspension of its planned public benchmark euro deal last week.
Íslandsbanki placed a €100m two year note through Deutsche Bank on Wednesday. It pays a coupon of 3% and the issue price was undisclosed.
The deal was bought by a group of continental European investors.The borrower increased its global medium term note programme to $275m from ...